Walking Assist Device Market Report: Trends, Forecast and Competitive Analysis to 2030
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Walking Assist Device Trends and Forecast
The future of the global walking assist device market looks promising with opportunities in the wheelchair, canes, crutches, walker, gait belts & lift vest, and power scooter markets. The global walking assist device market is expected to reach an estimated $6.7 billion by 2030 with a CAGR of 4.8% from 2024 to 2030. The major drivers for this market are increased occurrences of debilitating neurological diseases and injuries as the population ages, rising number of actions done by governments in various nations to assure the availability of walking aid devices to a large customer base, and growing prevalence of chronic diseases.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Walking Assist Device by Segment
The study includes a forecast for the global walking assist device by distribution channel, product type, and region.
Walking Assist Device Market by Distribution Channel [Shipment Analysis by Value from 2018 to 2030]:
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies walking assist device companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the walking assist device companies profiled in this report include-
Lucintel forecasts that online will remain the larger segment over the forecast period because of the significant players' tremendous impact on numerous web portals and sites for walking aid gadgets.
North America will remain the largest region over the forecast period due to government policies that are supportive, advanced healthcare infrastructure, and an expanding geriatric population base.
Features of the Global Walking Assist Device Market
Market Size Estimates: Walking assist device market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Walking assist device market size by distribution channel, product type, and region in terms of value ($B).
Regional Analysis: Walking assist device market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different distribution channel, product type, and regions for the walking assist device market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the walking assist device market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the walking assist device market size?
Answer: The global walking assist device market is expected to reach an estimated $6.7 billion by 2030.
Q2. What is the growth forecast for walking assist device market?
Answer: The global walking assist device market is expected to grow with a CAGR of 4.8% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the walking assist device market?
Answer: The major drivers for this market are increased occurrences of debilitating neurological diseases and injuries as the population ages, rising number of actions done by governments in various nations to assure the availability of walking aid devices to a large customer base, and growing prevalence of chronic diseases.
Q4. What are the major segments for walking assist device market?
Answer: The future of the global walking assist device market looks promising with opportunities in the wheelchair, canes, crutches, walker, gait belts & lift vest, and power scooter markets.
Q5. Who are the key walking assist device market companies?
Answer: Some of the key walking assist device companies are as follows:
Answer: Lucintel forecasts that online will remain the larger segment over the forecast period because of the significant players' tremendous impact on numerous web portals and sites for walking aid gadgets.
Q7. In walking assist device market, which region is expected to be the largest in next 5 years?
Answer: North America will remain the largest region over the forecast period due to government policies that are supportive, advanced healthcare infrastructure, and an expanding geriatric population base.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the walking assist device market by distribution channel (offline and online), product type (wheelchairs, canes, crutches, walker, gait belts & lift vests, and power scooter), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Walking Assist Device Market, Walking Assist Device Market Size, Walking Assist Device Market Growth, Walking Assist Device Market Analysis, Walking Assist Device Market Report, Walking Assist Device Market Share, Walking Assist Device Market Trends, Walking Assist Device Market Forecast, Walking Assist Device Companies, write Lucintel analyst at email: [email protected]. We will be glad to get back to you soon.
Walking Assist Device Trends and Forecast
The future of the global walking assist device market looks promising with opportunities in the wheelchair, canes, crutches, walker, gait belts & lift vest, and power scooter markets. The global walking assist device market is expected to reach an estimated $6.7 billion by 2030 with a CAGR of 4.8% from 2024 to 2030. The major drivers for this market are increased occurrences of debilitating neurological diseases and injuries as the population ages, rising number of actions done by governments in various nations to assure the availability of walking aid devices to a large customer base, and growing prevalence of chronic diseases.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Walking Assist Device by Segment
The study includes a forecast for the global walking assist device by distribution channel, product type, and region.
Walking Assist Device Market by Distribution Channel [Shipment Analysis by Value from 2018 to 2030]:
- Offline
- Online
- Wheelchairs
- Canes
- Crutches
- Walker
- Gait Belts & Lift Vests
- Power Scooter
- North America
- Europe
- Asia Pacific
- The Rest of the World
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies walking assist device companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the walking assist device companies profiled in this report include-
- Invacare
- Ossenberg
- Besco Medical
- Drive Medical
- Betterlife Healthcare
- Electric Mobility Euro
- Meyra
- Sunrise Medical
- Comfort Orthopedic
- Levo
Lucintel forecasts that online will remain the larger segment over the forecast period because of the significant players' tremendous impact on numerous web portals and sites for walking aid gadgets.
North America will remain the largest region over the forecast period due to government policies that are supportive, advanced healthcare infrastructure, and an expanding geriatric population base.
Features of the Global Walking Assist Device Market
Market Size Estimates: Walking assist device market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Walking assist device market size by distribution channel, product type, and region in terms of value ($B).
Regional Analysis: Walking assist device market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different distribution channel, product type, and regions for the walking assist device market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the walking assist device market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the walking assist device market size?
Answer: The global walking assist device market is expected to reach an estimated $6.7 billion by 2030.
Q2. What is the growth forecast for walking assist device market?
Answer: The global walking assist device market is expected to grow with a CAGR of 4.8% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the walking assist device market?
Answer: The major drivers for this market are increased occurrences of debilitating neurological diseases and injuries as the population ages, rising number of actions done by governments in various nations to assure the availability of walking aid devices to a large customer base, and growing prevalence of chronic diseases.
Q4. What are the major segments for walking assist device market?
Answer: The future of the global walking assist device market looks promising with opportunities in the wheelchair, canes, crutches, walker, gait belts & lift vest, and power scooter markets.
Q5. Who are the key walking assist device market companies?
Answer: Some of the key walking assist device companies are as follows:
- Invacare
- Ossenberg
- Besco Medical
- Drive Medical
- Betterlife Healthcare
- Electric Mobility Euro
- Meyra
- Sunrise Medical
- Comfort Orthopedic
- Levo
Answer: Lucintel forecasts that online will remain the larger segment over the forecast period because of the significant players' tremendous impact on numerous web portals and sites for walking aid gadgets.
Q7. In walking assist device market, which region is expected to be the largest in next 5 years?
Answer: North America will remain the largest region over the forecast period due to government policies that are supportive, advanced healthcare infrastructure, and an expanding geriatric population base.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the walking assist device market by distribution channel (offline and online), product type (wheelchairs, canes, crutches, walker, gait belts & lift vests, and power scooter), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Walking Assist Device Market, Walking Assist Device Market Size, Walking Assist Device Market Growth, Walking Assist Device Market Analysis, Walking Assist Device Market Report, Walking Assist Device Market Share, Walking Assist Device Market Trends, Walking Assist Device Market Forecast, Walking Assist Device Companies, write Lucintel analyst at email: [email protected]. We will be glad to get back to you soon.
1. EXECUTIVE SUMMARY
2. GLOBAL WALKING ASSIST DEVICE MARKET : MARKET DYNAMICS
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges
3. MARKET TRENDS AND FORECAST ANALYSIS FROM 2018 TO 2030
3.1. Macroeconomic Trends (2018-2023) and Forecast (2024-2030)
3.2. Global Walking Assist Device Market Trends (2018-2023) and Forecast (2024-2030)
3.3: Global Walking Assist Device Market by Distribution Channel
3.3.1: Offline
3.3.2: Online
3.4: Global Walking Assist Device Market by Product Type
3.4.1: Wheelchairs
3.4.2: Canes
3.4.3: Crutches
3.4.4: Walker
3.4.5: Gait Belts & Lift Vests
3.4.6: Power Scooter
4. MARKET TRENDS AND FORECAST ANALYSIS BY REGION FROM 2018 TO 2030
4.1: Global Walking Assist Device Market by Region
4.2: North American Walking Assist Device Market
4.2.1:North American Walking Assist Device Market by Distribution Channel: Offline and Online
4.2.2: North American Walking Assist Device Market by Product Type: Wheelchairs, Canes, Crutches, Walker, Gait Belts & Lift Vests, and Power Scooter
4.3: European Walking Assist Device Market
4.3.1: European Walking Assist Device Market by Distribution Channel: Offline and Online
4.3.2: European Walking Assist Device Market by Product Type: Wheelchairs, Canes, Crutches, Walker, Gait Belts & Lift Vests, and Power Scooter
4.4: APAC Walking Assist Device Market
4.4.1: APAC Walking Assist Device Market by Distribution Channel: Offline and Online
4.4.2: APAC Walking Assist Device Market by Product Type: Wheelchairs, Canes, Crutches, Walker, Gait Belts & Lift Vests, and Power Scooter
4.5: ROW Walking Assist Device Market
4.5.1: ROW Walking Assist Device Market by Distribution Channel: Offline and Online
4.5.2: ROW Walking Assist Device Market by Product Type: Wheelchairs, Canes, Crutches, Walker, Gait Belts & Lift Vests, and Power Scooter
5. COMPETITOR ANALYSIS
5.1: Product Portfolio Analysis
5.2: Operational Integration
5.3: Porter’s Five Forces Analysis
6. GROWTH OPPORTUNITIES AND STRATEGIC ANALYSIS
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global Walking Assist Device Market by Distribution Channel
6.1.2: Growth Opportunities for the Global Walking Assist Device Market by Product Type
6.1.3: Growth Opportunities for the Global Walking Assist Devices Market by Region
6.2: Emerging Trends in the Global Walking Assist Device Market
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of the Global Walking Assist Device Market
6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Walking Assist Device Market
6.3.4: Certification and Licensing
7. COMPANY PROFILES OF LEADING PLAYERS
7.1: Invacare
7.2: Ossenberg
7.3: Besco Medical
7.4: Drive Medical
7.5: Betterlife Healthcare
7.6: Electric Mobility Euro
7.7: Meyra
7.8: Sunrise Medical
7.9: Comfort Orthopedic
7.10: Levo
2. GLOBAL WALKING ASSIST DEVICE MARKET : MARKET DYNAMICS
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges
3. MARKET TRENDS AND FORECAST ANALYSIS FROM 2018 TO 2030
3.1. Macroeconomic Trends (2018-2023) and Forecast (2024-2030)
3.2. Global Walking Assist Device Market Trends (2018-2023) and Forecast (2024-2030)
3.3: Global Walking Assist Device Market by Distribution Channel
3.3.1: Offline
3.3.2: Online
3.4: Global Walking Assist Device Market by Product Type
3.4.1: Wheelchairs
3.4.2: Canes
3.4.3: Crutches
3.4.4: Walker
3.4.5: Gait Belts & Lift Vests
3.4.6: Power Scooter
4. MARKET TRENDS AND FORECAST ANALYSIS BY REGION FROM 2018 TO 2030
4.1: Global Walking Assist Device Market by Region
4.2: North American Walking Assist Device Market
4.2.1:North American Walking Assist Device Market by Distribution Channel: Offline and Online
4.2.2: North American Walking Assist Device Market by Product Type: Wheelchairs, Canes, Crutches, Walker, Gait Belts & Lift Vests, and Power Scooter
4.3: European Walking Assist Device Market
4.3.1: European Walking Assist Device Market by Distribution Channel: Offline and Online
4.3.2: European Walking Assist Device Market by Product Type: Wheelchairs, Canes, Crutches, Walker, Gait Belts & Lift Vests, and Power Scooter
4.4: APAC Walking Assist Device Market
4.4.1: APAC Walking Assist Device Market by Distribution Channel: Offline and Online
4.4.2: APAC Walking Assist Device Market by Product Type: Wheelchairs, Canes, Crutches, Walker, Gait Belts & Lift Vests, and Power Scooter
4.5: ROW Walking Assist Device Market
4.5.1: ROW Walking Assist Device Market by Distribution Channel: Offline and Online
4.5.2: ROW Walking Assist Device Market by Product Type: Wheelchairs, Canes, Crutches, Walker, Gait Belts & Lift Vests, and Power Scooter
5. COMPETITOR ANALYSIS
5.1: Product Portfolio Analysis
5.2: Operational Integration
5.3: Porter’s Five Forces Analysis
6. GROWTH OPPORTUNITIES AND STRATEGIC ANALYSIS
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global Walking Assist Device Market by Distribution Channel
6.1.2: Growth Opportunities for the Global Walking Assist Device Market by Product Type
6.1.3: Growth Opportunities for the Global Walking Assist Devices Market by Region
6.2: Emerging Trends in the Global Walking Assist Device Market
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of the Global Walking Assist Device Market
6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Walking Assist Device Market
6.3.4: Certification and Licensing
7. COMPANY PROFILES OF LEADING PLAYERS
7.1: Invacare
7.2: Ossenberg
7.3: Besco Medical
7.4: Drive Medical
7.5: Betterlife Healthcare
7.6: Electric Mobility Euro
7.7: Meyra
7.8: Sunrise Medical
7.9: Comfort Orthopedic
7.10: Levo
